Fully Renovated House 20 km from Varna - ID 3084

Israelibulgarian Group To Invest 250 Million In Eco Project Near Razlog 24/09/2008
Israeli investors Tidhar Group and Asim Real Estate Ltd., in partnership with Bulgarian Investment Group announced plans to collaborate on a mutual eco project called Razlog Village All Seasons Nature Resort.The investment was worth 250 million euro and envisions eight hotels spread over 150 000 sq m. All facilities will have the capacity of 1500 rooms, which could house up to eight thousand people a day, the companies said in a media statement.The main concept underlying this grand endeavor was the aim to inspire year-round tourism activities, investor said.Construction will begin in 2009, and the whole central part together with the internal infrastructure will be completed by 2011. The first guests are expected to arrive in 2012.Razlog Village will stretch on two hills connected... more

Investors 'should Be Tough' 21/04/2008
Prospective investors should be tough when dealing with property sellers, according to property industry experts. Analysts at Amberlamb stated that the credit crunch has led to many developers becoming desperate to sell their houses as consumer confidence is falling. The organisation has suggested that people who are still considering an investment overseas should take advantage of this situation in order to negotiate a good deal. This, it continued, could be particularly beneficial in countries such as Bulgaria, which has seen a drop in demand in the wake of the current credit crisis. Amberlamb commented: "If you're tough on your vendor and force their hand in terms of selling low, you will still be able to profit from the property market in Bulgaria." The group added... more